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@moazzamjadoon443611 ай бұрын
In question number 4 I would have, as a candidate, asked if the equipment was bought on cash or credit. In practice, most equipment is initially bought on credit, especially if it's some expensive equipment.
@JoeJames1122 Жыл бұрын
On the first question, I would have answered 1 ledger, 3 accounts. I refer to the general ledger as where all the accounts are listed. I don't refer to the general ledgers. The basic statement that each bank account has 1, either ledger or account, is the point.
@yanwang57882 жыл бұрын
This is the best accounting interview video, this guy is a master.
@TheFinancialController2 жыл бұрын
Thanks Yan
@anvershahas81618 ай бұрын
for the first question, with reference to the modern ERP framework, my answer would be 1 ledger and 3 subledgers.
@basavarajkabadad79033 жыл бұрын
Am not affordable to buy interview guide ... Am impressed by looking all your video and explanations .... Finally your videos started reaching to us ... Am from India small city difficult to get good training like this 👍❤️ am happy and heartily thank you for your efforts
@TheFinancialController3 жыл бұрын
Thank you 🙏
@simonmutuli49205 ай бұрын
This is an Eye opener.I will walk confidently into that interview tomorrow with my head high.Thankyou so much
@nikfarrah94854 ай бұрын
Did you get the job?
@simonmutuli49204 ай бұрын
@@nikfarrah9485 I'm waiting for the process to end.I was informed yesterday but I am sure I gave it my best shot
@HappyYevu-oz2wv3 ай бұрын
Hope you landed the job? May grace locate you!
@AngelRse232 жыл бұрын
WOW, these questions are already for senior position but those question are used in my interview for bookeeper position.
@zemuogele83 Жыл бұрын
I am surprised as well, I too had these questions for my very first bookkeeping job lol
@paulacesana84392 жыл бұрын
I like how you give examples for the answers to the questions. So helpful! Thank you so much!
@TheFinancialController2 жыл бұрын
Thanks Paula
@Anne-ww5qnАй бұрын
English is not my first language. It is so hard for me to put this knowledge in words for me. Thank you for this video you made, that you have demonstrated to me how I can explain my understanding and knowledge I have during the interview 😊
@MarivelRoot4 күн бұрын
Great questions and answers to remember during the interview.
@user-rn7qp6cr7u2 жыл бұрын
Q6) Also could be the answer that it should be irrelevant income so we are not allowed to show it as the central part of company activity so we can journal it in temporary ACC. Sometimes it is recognised as an advance paid by the customer.
@gheffreyirinco827 Жыл бұрын
I think the same. You cannot really accrued an income if the seevice or goods has not been occur in that period. So I suggest you record it as deposits held or BS. This will remain liability to the company until the service or goods has been served.
@prodoogle2 жыл бұрын
Your video has given me a guideline. I have asked more difficult questions when I recruit my assistant. He scored 35% which was highest. Starting from simple accounting equation to interpret cash flow to top management.
@mi-re-la2 жыл бұрын
…4employment to Nasa or Finance Projects for escaping from Earth?! :)
@Theasterstar2 жыл бұрын
If you went for accounting interview, check the company background first whether it is a service company or manufacturing company. And job description. Write down the possible accounting technique questions and prepare for that. Best of luck .
@TheFinancialController2 жыл бұрын
I approve this message;)
@mahmoudalshami1557 Жыл бұрын
Smart idea
@RachidRachid-df6hw4 жыл бұрын
Very helpful information presented on a simple way , thanks Hana
@TheFinancialController4 жыл бұрын
Thanks 🙏
@Shahid-9529 ай бұрын
Most of your video is rewatching videos due to impact of improving learning process. Thanks for the videos and love from dubai❤
@TheFinancialController9 ай бұрын
It's my pleasure
@Audiovisual003 жыл бұрын
Hi Bill-This was a question asked to me by my interviewer.Just Sharing and I would like to know the correct answer.Thanks.Prepare complete Journal Entry-Scenario is-My Company's Rent for year 2020 is $120,000/-.I received the invoice from Real Estate on 5th Jan 2020.But I will be paying the entire $120k only on 10 of April-2020.Pass the complete journal entries.
@Ayshaajmal2 жыл бұрын
5.01.2020 Rent payable account Dr To real estate owner 120000 10.04.2020 real estate owner Dr To bank 120000/-. Jan-march month end entry Rent a/c Dr 10000 To rent payable 10000 April 5 2020 prepaid rent A/c Dr To rent payable 90000 From April onwards month end entry until December 2020. Rent a/c Dr To Prepaid Rent 10000. Note: Rent payable under current liability prepaid rent under current assets.
@cocoshuimu3 жыл бұрын
WOW Thank you so much for this guideline. I recently went through a similar question on my previous involvement in resign process for improvement and it was conducted by a machine-based video with limited time for response. I was obviously not ready for that :(
@NeonRebeloffical2 жыл бұрын
@@anioti8188 you can slow or speed up any videos yourself
@NeonRebeloffical2 жыл бұрын
@@anioti8188 Oh you're upset because you didn't notice that option right in front of your face? Even small children know its there. You should be grateful I replied everyone else ignored your question LOL. They said let them figure it out. HAHAHAHAHA
@NeonRebeloffical2 жыл бұрын
@@anioti8188 and it's none*
@anioti81882 жыл бұрын
@@NeonRebeloffical 🤣🤣🤣🤣🤣
@kirstinfields45362 жыл бұрын
I watched the videos and after some interviews, I got a good job offer. They helped in combination with working with the right recruiter and working toward my certification.
@TheFinancialController2 жыл бұрын
Wow great to hear Kirstin!
@jennifersimon29347 ай бұрын
Love your videos. They’re super helpful and everything you say makes sense.
@TheFinancialController7 ай бұрын
So glad!
@samhuber68264 жыл бұрын
I am not even looking for a job but this is so interesting!
@TheFinancialController4 жыл бұрын
Never stop shopping around :)
@joyk28603 жыл бұрын
It would be wonderful if you can make a video for Accounting Manager or Assistant controller :) thank you so much kind sir.
@yousufelsaiedelgouhary838 Жыл бұрын
Thank you very much.
@hl66152 жыл бұрын
Wow!!! This is so helpful! I loved your examples. Especially for me as a second language it’s harder to understand the situation but you give examples so it makes sense.
@TheFinancialController2 жыл бұрын
Great! Thanks for watching
@joyceliu35082 жыл бұрын
I recently went to an interview for Sr. accountant, and was asked about why I left a company after only 5 months as an accountant. I answered honestly, I picked up most of my tasks by myself without training and was doing well, but the management didn't plan to give training on specifics of the industry and the company, and they tried to set up a new set of gl accounts while inactivating those old accounts without training to accountants nor guidelines and this caused delay and confusions and overall messy and stressful situation. But I got the vibe that the new employer didn't like my answer. What else can I say? thank you!
@suzy51662 жыл бұрын
it was a bad answer even it was true. i once resigned from a job because i was overloaded after 4months. the reason i gave was " long commute " or " "family commitment" or anything that not suggesting that you had a bad relationship with the employer.
@reng77772 жыл бұрын
I Always use the rule: Tell to the interviewer what they want to hear ( but always based on your experiance and your best practices) so do not make any comments that mitgh lead to misinterpretations.. just focus on positive things!! good luck!!
@kattodoggo38682 жыл бұрын
That was the worst answer you could give. They expect you to lie here. I left because family problems.
@alexcolombu1025 Жыл бұрын
I answered honestly as well to a the exact question but I left after 2 weeks. I replied that Whiskey was way more fun than bullshite. aahahahaha
@getrudeboakyeagyemang9930 Жыл бұрын
I'm in a same dilemma right now on same and I don't know whether to leave my current job of 5months
@ahmedismail7174 жыл бұрын
I really thanking you for your efforts 💐
@TheFinancialController4 жыл бұрын
Thanks ahmed
@Cassoma542 жыл бұрын
muito bom!!! ...
@mohdaz35903 жыл бұрын
I know all answers , feeling confident about my concepts
@adnanwaqarsyed5794 Жыл бұрын
Your videos are really informative and helpful.
@mohammadkamran97272 жыл бұрын
Dear Bro. Thank you very much for this useful video.
@yinyinhtay17682 жыл бұрын
Thank you so much ,this video was so much helpful. 🙏
@claudiamendieta49372 жыл бұрын
Thank you, thank you thank you 🌸
@anooopmurali4 жыл бұрын
Great content and nice presentation 🎉 as usual 🔥
@TheFinancialController4 жыл бұрын
Appreciate it Anoop
@amann62402 жыл бұрын
I wish I can work for you. The way you explain so much to learn from you.
@ThabeloTahula4 ай бұрын
loved the last question 👌
@marvelouss7192 жыл бұрын
I had an interview with a CPA firm in Houston. This old-timer, graduated in 1974, got his CPA license around the same time, asked me a bunch of weird-assed scenarios that led me to conclude his clients were unethical and they should not be in business if any of the sh*t he asked me was going on. But this is Texas for you. Most small and medium business owners think rules do not apply to them.
@alejandroj52493 жыл бұрын
Good video! in the Q4 I would ask the interviewer whether in the scenario you pay for the equipment at the moment or you have X margin of days to pay it, and then answer the question.
@camauhel-joe75393 жыл бұрын
Sure Or give the answer considering either scenarios.....
@xsh_5599 Жыл бұрын
I majored in Finance but I work as an accountant and it’s so hard to keep up with all the accounting rules 😢 I know the basics but every day there’s something new that I don’t understand and need to search it up it’s so frustrating.
@bobbyknight3589 Жыл бұрын
So basically it like healthcare shit always get chains 😂😂
@bluesun2001 Жыл бұрын
I love how your channel has grown, sir! This is so helpful! I only wished you have replaced that spooky Halloween music to a sexy lofti one 👍👌
@TheFinancialController Жыл бұрын
haha thanks!
@hirakhan924 жыл бұрын
A very informational video, thank you and happy new year!!!!!!!!
@TheFinancialController4 жыл бұрын
Happy new year hira
@ammie89374 жыл бұрын
More such videos are helpful 🥰 appreciated!
@TheFinancialController4 жыл бұрын
Hi thank you
@stephenadeya86624 жыл бұрын
Very informative. Much blessings 2021.
@TheFinancialController4 жыл бұрын
Same to you Stephen
@cherisesmith99583 жыл бұрын
I really enjoy the videos. I need advice on landing a Senior position. I notice many company want Financial Statement experience and I explain that I manage the accounts to the FS. Why am I having a hard time getting the position.
@TheFinancialController3 жыл бұрын
I think you need get good at FS analysis, such as actual vs budget, accruals (knowing what to accrue for), roll forward of BS accounts
@ghanaianqueen78913 жыл бұрын
Hmm just had a senior accoubt interview with 3 different people and they were just straight conversations to get to know my personality! They dont ask technical questions
@karinaf83263 жыл бұрын
You are so lucky. I have an interview next week. So I hope the interview is like yours.
@ghanaianqueen78913 жыл бұрын
@@karinaf8326 you will be fine ! When you go in the interview, start off by easing the mood by mentioning how the weather is lol your interviewer will start talking about that first! I actually got the job literally after my third interview with the CFO. The day of
@PrabinAdhikari-qu9ch4 ай бұрын
Thankful to you sir
@Ruinoz4 жыл бұрын
Great video ! You mentioned about an API that you created to facilitate the recording of expenses in quickbooks. In the company I work for, we also use expensify and our accounting software is SAP. I am entering all expenses manually currently. What is this API that I could also implement so that I save time for more important stuff ?
@TheFinancialController4 жыл бұрын
Hey yeah sure. Contact your Expensify Customer service rep to guide you through it. It’s super helpful to have
@abdulmujeeb128 Жыл бұрын
This helped me lot.. Thanks
@atiqnh2 жыл бұрын
Wow I really like your explanation, which is very helpful! Thank you very much! I have upcoming interview for Fiscal Analyst II with the city and I am very nervous.
@TheFinancialController2 жыл бұрын
Best of luck
@annieo.98873 жыл бұрын
Just great. Thank you again
@TheFinancialController3 жыл бұрын
Thanks Annie!
@Dhu_alQarnayn2 жыл бұрын
These are scenario based thought provoking questions that will let the recruiter know not about just the knowledge of candidate but also how they can apply it. Nice. And here we have these stupid ass questions, "your company bought an asset, pass the double entry" OR what is depreciation?
@TheFinancialController2 жыл бұрын
Thanks brother
@kattodoggo38682 жыл бұрын
I was asked how to post sale invoice and what happens with accounts when we issue sales invoice 😂😭
@Dhu_alQarnayn2 жыл бұрын
@@kattodoggo3868😄😄😄 the interviewer was a legend 👌🏽
@ZeeshanKhan-nk5dq3 жыл бұрын
Excellent vedio with amzing knowledge
@TheFinancialController3 жыл бұрын
Thanks Zeeshan!
@sweta4422 жыл бұрын
Super.. Nice Explain..
@Sers19074 жыл бұрын
Your videos are very useful, thank you. I want to improve myself in the field of IFRS reporting. Is there a resource you can recommend for this? I miss many job opportunities that I want to apply because I have no experience and knowledge.
@TheFinancialController4 жыл бұрын
Thanks sers. Iasplus.com and ifrs.org are my go-to sites
@ashwinkumaryrmanu96943 жыл бұрын
Very nice video sir I learnt how to answer
@karienamia42732 жыл бұрын
Good morning, how can I get hold of the accounting interview guide? Thank you
@maimisa2 жыл бұрын
Great Video...
@CK-ob4sm3 жыл бұрын
very helpful guidance indeed. thank you sir
@jayan584 Жыл бұрын
Fantastic.
@erikasharron16642 жыл бұрын
This video was great! I couldn't download the template.
@dhwaniskuppitorn34052 жыл бұрын
Thankyou Sir, nicely presented and easy to understand
@DreamFirms4 жыл бұрын
Another helpful video from your channel!
@TheFinancialController4 жыл бұрын
Thank you!
@NatureAndBee3 жыл бұрын
Thanks for sharing! My questions always have been"answered" during the interview discussions, so I could not find questions to ask the hiring managers before the end of the conversation. Can I just say:" I have no any questions"? Also is it professional to say:" Thanks for having me!" or " Thanks for inviting me to the interview!"?
@TheFinancialController3 жыл бұрын
I will cover this in a video soon
@paulacesana84392 жыл бұрын
Good question. :) I have the same doubt.
@KapilSharma-pi6qm Жыл бұрын
Please make vedio on reason for ap and ar in negative balance and how to fix it. Regards
@mdqamrealamgulrez37122 ай бұрын
Nice explanation
@hanzennensworld97613 жыл бұрын
Yesterday I attended one interview, they ask 1.A client dealing with heavy equipment company,how you value the fixed asset 2.Our client dealing with building materials ,at the end of the year how it affect in the inventory, can u please explain the answer sir
@p.r.77762 жыл бұрын
is the question about booking the fixed asset when purchasing, or the remeasuring for impairment?
@ubaidubaidulla60292 жыл бұрын
Nice video very informative
@veecouture82023 жыл бұрын
This was very helpful
@jalaluddin11752 жыл бұрын
Good Morning !!! what will be the answer for the question - what is the cost of a vacant hotel room
@404TRUCKERTV4 жыл бұрын
Hmm, not bad for a 3rd yr accounting student. I got 4 of these correct, 1,2,4,5.
@TheFinancialController4 жыл бұрын
Next one you will get all correct, I believe in you :)
@ayoubfarhat94444 жыл бұрын
Dear Mr. Bill, As usual great videos, When do u think you'll start with a Playlist for the managerial finance/ Intro to finance course covering all the materials & doing some exercises. This playlist will amazing!!
@TheFinancialController4 жыл бұрын
Thanks Ayoub. Soon just hard to commit to a timeline right now :)
@omollokevine68112 жыл бұрын
you seems more knowledgable in accountings
@kirstiegreen65573 жыл бұрын
Hello, I’ve watched a few of your videos and I’m loving them, learning so much. My question is, what would be interview questions for a university bursar?
@TheFinancialController3 жыл бұрын
Hi. I would say questions around keeping organized. So talk about checklists and taking good notes. Maybe the use is tech like like a spreadsheet or Google Tasks to keep track of action items. You get the point. Good luck!
@alangerardohurta Жыл бұрын
Hi Bill, and what happens if they ask for a Derecognition of property, plant and equipment?
@zubaircn2 жыл бұрын
Very informative
@mahmoudalshami1557 Жыл бұрын
Where I can find senior accountant course online?
@md.ripanpatwary79614 жыл бұрын
Informative session.
@TheFinancialController4 жыл бұрын
Thanks ripan
@mohmmadyusran35563 жыл бұрын
Very helpful
@ياربرضاكوالجنه-ع9و2 жыл бұрын
thank you so much
@TheFinancialController2 жыл бұрын
You're welcome!
@Melkomy558511 ай бұрын
what is the main purpose of defining the fixed costs
@jessiesi14123 жыл бұрын
great video!how to answer what do you dislike your company?
@TheFinancialController3 жыл бұрын
Good question, I will address in a future video
@eseanthony9915 Жыл бұрын
I attended an interview for a FInance Analyst role and i was asked a questions. "If they were to invest in buying 10 trucks for haulage, what will be estimations and analysis that needs to be done for consideration and decision and how will you approach this? I answered but not satisfactory enough. How do i answer this question?
@saibaba2704 ай бұрын
Can you help me in answering this interview question? What compliances are in placed for accounts receivable and accounts payable process? Am struck with question asked in many interview questions but not able to answer it. Your help on this would really benefit me ..
@mohamedsuhail76554 жыл бұрын
Great sir
@TheFinancialController4 жыл бұрын
Thanks
@streetguru62402 жыл бұрын
Awesome
@catchytunes40002 жыл бұрын
Fantastic
@arsalanhaider17334 жыл бұрын
Appreciation
@TheFinancialController4 жыл бұрын
Thanks ;)
@pratssri2 ай бұрын
Can you help me in getting hired? I am actively looking for opportunity. Location is not a constraint
@muhammadhanif1563 жыл бұрын
Good. Very creative
@TheFinancialController3 жыл бұрын
Thanks
@dayasingh11757 ай бұрын
Cool way of answering. Good job
@narisettypraveen9723 жыл бұрын
Can you create video on P2P Accounts Payables interview questions
@TheFinancialController3 жыл бұрын
Ok will do
@narisettypraveen9723 жыл бұрын
Thank you much sir..👍🙏
@sarahbose80032 жыл бұрын
Thank u very much for dis. Am currently working in an accounting firm as a trainee, but I want to move forward to change my job. Pls I need Ur guardline be my mentor. Thanks
@nial71302 жыл бұрын
Dealing with messed up unaudited accounts of years. Cannot supersede without auditing. Wanna quit the job! Please suggest..
@Samir-oe7zf2 жыл бұрын
Can you do one for accounting manager?
@vrushaliraut3532 Жыл бұрын
I have given a work of data preparation to my team, how will I check whether the data is accurate ? This was my recent interview question
@syawarabbas2 жыл бұрын
THANKS ALLOT SIR, I HAVE A QUESTION WHICH WAS ASKED BY AN INTERVIEWER AND THAT IS, ''WHAT IF WE DONT WANT DEPRECIATION, THEN WHAT WILL HAPPEN ?''
@MrMiagi_GP2 жыл бұрын
That would be going against financial reporting standards, which means non compliance, which may result in users of the financial statements e.g. banks, not putting relying on the financial statements if say the company needed a loan for example.
@denisa.4341 Жыл бұрын
İ have had questions explanation for Annual Accounts and what are the steps for Local Gaap to ISFR. Can you help me to get answer for that.
@emelsonscontreiras19622 жыл бұрын
Uau... really helpful.
@franreyes61582 жыл бұрын
Accruals are always a problem for me. Is there any special tutorial for this? Thanks.
@kattodoggo38682 жыл бұрын
Go to Reddit for explanation
@loganyang6198 ай бұрын
where is the copy please?
@bobbyknight3589 Жыл бұрын
Are there any specific freilds in accounting that make the most or has the most job growth